Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 73500
per

Your estimated
City
free-cash

Madrid , Spain
₽10668
₽17604
₽7742
₽7222
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
73 500
other
-
-
-
74
unemployment
-
-
-
514
income
-
-
-
12 270
pensions
-
-
-
20 801
accident
-
-
-
661
total
-
-
-
34 320
Employee
43 916
-
55 733
-
unemployment
680
-
865
-
other
43
-
55
-
pensions
2 064
-
2 619
-
income
9 172
-
12 493
-
total
11 959
-
16 032
-
Employer
43 916
-
55 733
-
other
352
-
447
-
accident
870
-
1 103
-
pensions
10 364
-
13 153
-
unemployment
2 416
-
3 065
-
total
14 002
-
17 768
-
Corporate
15 582
73 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 338
11 025
-
-
total
2 338
11 025
-
-
Dividends
13 244
62 475
-
-
withholding
2 575
12 913
-
-
total
2 575
12 913
-
-
Income
73 500
73 500
73 500
73 500
Total tax
30 874
23 938
33 800
34 320
After tax
42 626
49 562
39 700
39 180
Living cost
31 958
31 958
31 958
31 958
Free-cash
10 668
17 604
7 742
7 222

Estimated living cost  is ₽31958 per week

₽22951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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